What to name your kids if you want them to become rich

Picking a name for your child is possibly the hardest task in the world for many parents.

Not only do you have to think about bullying in the playground but some think far enough ahead to university applications and job prospects.

Now, a UK job ad search engine has cross referenced their CV database to work out the names for your little boy or girl that could see them earning the big bucks in the future.

Well, Ed Sheeran is one of the highest earning musicians in the world (AAP)

For boys, it's Ed and for girls, it's Liz, according to Adzuna, who noted none of the top earning names are in the Top 10 Most Popular list for 2019 baby names.

They also found, rather interestingly and contrary to belief, shortened version of names earned more than the original or longer version (ie Ed vs Edward, Liz vs Elizabeth)

"Whilst Liz topped the list for women for example, Elizabeth came in much lower with a drop of almost £9,000 (AU $16K) in earning potential (AU $52K)," they said.

"Similarly for men, Edward comes in at £37,754 (AU $67K), which is a huge £23,608 (AU $42K) less than those named Ed."

Andrew Hunter, co-founder of Adzuna says: "As a rule of thumb, those with traditional names consistently rate as higher earners. New mums and dads may want to bear this in mind when christening their babies."

And Liz Hurley has certainly made a name for herself as a successful businesswoman and model (AAP)

While the gender pay gap is still large and evident, Hunter recommends considering adopting your shorter moniker around the office.

"It's interesting that the most successful workers typically use a nickname in their professional lives.

"This could signal an informality and approachability that has helped them climb the career tree. Or it could reflect the confidence that comes with success.

"Either way, jobseekers may want to try adopting a nickname to help secure the highest pay levels possible," he added.

For those wanting to choose a name from some of the more popular ones, Leo(AU $75K) and Rose (AU $53K) are the ones with the highest earning potential from the latest Nameberry annual list.